HPB OOSTENDE
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2024.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
NBB · annual accounts 2024Net result per financial year
2324
2023 to 2024 · latest year €43k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€76k▲ 132%
2023 · €33k
2023: €33k
2023 → 2024
Total assets
€203k▼ 67.8%
2023 · €630k
2023: €630k
2023 → 2024
Net result
€43k▲ 56.3%
2023 · €28k
2023: €28k
2023 → 2024
Working capital
€34k
2023 · €-19k
2023: €-19k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€33k-€76k▲ 132%
Operating result€39k-€60k▲ 53.1%
Net result€28k-€43k▲ 56.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 53% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €203k
Fixed assets
€42k▼ 19.1%
Current assets
€161k▼ 72.2%
Equity and liabilities €203k
Equity
€76k▲ 132%
Debt
€127k▼ 78.7%
The debt ratio falls from 94.8% to 62.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€70k▲
2023 · €44k
Cash flow
€53k▲
2023 · €33k
Solvency
37.3%▲
2023 · 5.2%
Current ratio
1.27▲
2023 · 0.97
Quick ratio
1.21▲
2023 · 0.97
Debt / equity
1.68▼
2023 · 18.37
ROE
56.9%▼
2023 · 84.6%
ROA
21.2%▲
2023 · 4.4%
Interest coverage
84.51▼
2023 · 114.41
Debt
€127k▼
2023 · €597k
Debt ≤ 1 year
€127k▼
2023 · €597k
Income taxes
€16k▲
2023 · €11k
Staff costs
€264k▼
2023 · €512k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€630k€203k▼
Fixed assets21/28€52k€42k▼
Tangible fixed assets22/27€52k€42k▼
Land and buildings22€11k-
Plant, machinery and equipment23€2k€2k▲
Other tangible fixed assets26€39k€40k▲
Current assets29/58€578k€161k▼
Stocks and contracts in progress3-€7k
Stocks30/36-€7k
Amounts receivable within one year40/41€566k€120k▼
Trade receivables40€12k€6k▼
Other amounts receivable41€554k€115k▼
Cash at bank and in hand54/58€11k€33k▲
Deferred charges and accrued income490/1€957€197▼
Equity and liabilities
Total equity and liabilities10/49€630k€203k▼
Equity10/15€33k€76k▲
Contributions10/11€5k€5k=
Reserves13€28k€71k▲
Distributable reserves133€28k€71k▲
Amounts payable17/49€597k€127k▼
Amounts payable within one year42/48€597k€127k▼
Trade debts44€574k€92k▼
Suppliers440/4€574k€92k▼
Taxes, remuneration and social security45€24k€35k▲
Taxes450/3€4k€22k▲
Remuneration and social security454/9€20k€13k▼
Income statement
Code20232024
Remuneration, social security and pensions62€512k€264k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲
Other operating charges640/8€28k€5k▼
Gross operating margin9900€585k€339k▼
Operating profit (loss)9901€39k€60k▲
Financial income75/76B€0€39▲
Recurring financial income75€0€39▲
Financial charges65/66B€388€825▲
Recurring financial charges65€388€825▲
Profit (loss) for the period before taxes9903€39k€59k▲
Income taxes67/77€11k€16k▲
Profit (loss) for the period9904€28k€43k▲
Profit (loss) for the period to be appropriated9905€28k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€43k▲
Transfer to equity691/2€28k€43k▲
To other reserves6921€28k€43k▲
Social balance
Average headcount (FTE)9087-6.1
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
29-01
State Gazette act
General meeting · Merger
Name change
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
State Gazette actNBB filing
Structure & network
Acquisitions and mergers
1 transactionTaken over by:HPB Anspach